China warns of retaliation if Trump raises trade barriers
Bloomberg reports China ready to retaliate against punitive US measures, including targeted recalls or probes, anti dumping reviews, and reduced Chinese government purchases. Analysts warn such moves could disrupt global commerce and hurt both sides as bilateral ties strain. Wang Shouwen touts win win ties and continued investment benefits.
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Bloomberg
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FAU Football Faces Attendance Decline Amid Rising Costs
Florida Atlantic University drew 5,843 for its final home game as 80 percent of seats were empty. The piece notes a nationwide slide in top division college football attendance, with University of Kansas and Western Michigan cited as examples, while FAU's revenue and budget rose to 27 million dollars amid facility upgrades and higher coaching pay.
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AT&T Says FCC Review Not Required for Time Warner Deal
AT&T argues the FCC lacks jurisdiction over its 85 billion Time Warner acquisition and asks SEC to note the stance. The company contends the merger would not transfer licenses and could accelerate approval in Washington. Time Warner owns CNN HBO Warner Bros and IP tied to franchises such as Harry Potter and Batman.
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December job report shows 156000 gains and wage growth
U S payrolls rose by 156000 in December with the unemployment rate at 4.7 percent. Average hourly earnings climbed 0.10 to 26.00, with annual wage growth of 2.9 percent. Health care added 43000 jobs as hospitals expanded and demand rose.
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